- MagBet’s daily roundup brings together the key industry developments from regulatory shifts and business decisions to partnerships, technology updates, and market expansion.
- Playtech raised its 2026 earnings guidance above €300 million in adjusted EBITDA, while flagging U.S. competition, Brazil’s shutdown, and higher taxes as pressures on 2027.
- Italy’s proposed budget would introduce ADM oversight of esports venues, including authorizations and per-station taxes, prompting industry association IIDEA to seek the provision’s withdrawal.
- MGM National Harbor appointed Chris Gumiela President and Chief Operating Officer, bringing the executive back to the Maryland resort following his leadership role in interactive gaming.
- Kenyan operators requested a gambling licensing fee overhaul, telling senators that disputed charges, capital requirements and inadequate consultation threaten access to the regulated market.
- Fanatics unveiled an American Express card connecting card rewards with FanCash, offering sports-themed designs and rewards redeemable across its wider business, subject to eligibility rules.
- Argentina’s Patricia Bullrich pledged Senate action on gambling legislation, renewing attention on the advertising restrictions and safeguards approved by the lower house in November 2024.
- Swiss Casinos gained a charitable foundation majority shareholder after Hans-Ulrich Rihs donated a controlling stake, aiming to support long-term independence and the foundation’s charitable objectives.
- DraftKings rejected vulnerable bettor targeting allegations in its response to U.S. lawmakers, defending its personalization practices and outlining safeguards governing marketing and VIP customer engagement.
- GKL reported a 52.6% net profit decline for the third quarter, as higher operating and financing expenses outweighed largely unchanged revenue at the South Korean operator.
- A Quebec industry coalition renewed its online gambling licensing push following research documenting increased online participation and concerns about gambling-related harm among younger men.
